Galla Inc. operates in a highly competitive market where the market price for its product...
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Accounting
Galla Inc. operates in a highly competitive market where the market price for its product is $178 per unit. Galla desires a $24 profit per unit. Galla expects to sell 5,800 units. Additional information is as follows:
Variable product cost per unit
$
18
Variable administrative cost per unit
13
Total fixed overhead
53,000
Total fixed administrative
26,000
Using target costing, what is the target cost?
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